Job description

Posting Number:


Internal Recruitment:


Working Title:


Anticipated Hiring Range:

$78,000 - $85,000

Work Schedule:

Monday-Friday, 8AM-5PM

Job Location:

Raleigh, NC


Foundations Accounting & Investments

About the Department:

Foundations Accounting and Investments (FAI), under the direction of the University Treasurer, is responsible for providing investment, financial reporting, budgeting, accounting, & corporate governance oversight for eight (8) University-related foundations, the NC State Investment Fund, Inc., the Endowment Fund of NC State University, the Alumni Association, the NC State Partnership Corp. and its nine (9) single member LLCs, and an Executive Education, LLC subsidiary for one of the foundations. Each of these entities provides substantial resources in support of the University through its various colleges. As of June 30, 2020, these responsibilities included oversight for approximately 10,000 funds with a combined market value in excess of $1.7 Billion.

Essential Job Duties:

This position is responsible for the accounting for the NC State Investment Fund, Inc. (NCSIF) Long Term Pool, an investment pool with a market value of approximately $1.3 billion (as of December 31, 2020), the NC State Intermediate Term Fund (ITF), an intermediate operating cash investment pool with a market value of approximately $260,000,000 (as of December 31, 2020) as well as the NC State Foundation, Inc. Sustainable Responsible Impact Fund (SRI) with a market value of approximately $65,000,000 (as of December 31, 2020). The value of these funds is material to the University and requires careful scrutiny.

Additionally, this position is responsible for three separate custodian accounts with BNY Mellon and handles cash flow management, investment for new endowments, and prepares the annual audit report (GASB) as well as four foundation audit reports (FASB) and works with the auditors to coordinate fieldwork, which helps to ensure a clean audit opinion

Other Responsibilities:

Other projects as assigned.

Minimum Experience/Education:

Bachelor’s degree with 12 credit hours of accounting coursework; or Associate’s degree in Accounting; or Associate’s degree in Business or related discipline with 12 credit hours of accounting coursework; or equivalent combination of training and experience.
All degrees must be received from appropriately accredited institutions.

Other Required Qualifications:

Strong communication skills.

Advanced skills with Microsoft Word and Excel or similar software.

Strict adherence to deadlines and attention to accuracy and detail.

Preferred Qualifications:

At least 3 years accounting and audit experience.

Advanced word processing and spreadsheet skills including macros and pivot tables.

Certified Public Accountant.

Required License or Certification:


Valid NC Driver's License required:


Commercial Driver's License Required?:


Job Open Date:


Earliest Close Date---- (Positions will be posted until 5:00 PM ET on this date. Positions remaining posted after this date are still accepting applications but may close at any time.):


Special Instructions:

Please make sure the work history listed on the application is identical to the work history provided on your resume.

Position Number:


Position Type:


Position Classification Band Title:


Position Classification Band Level:


Position Classification Salary Range:

$37,012 - $105,020

Salary Grade Equivalency:


Alternate Option:

If no applicants apply who meet the required competency level and training & experience requirements, then management may consider other applicants. Salary would be determined based on competencies, equity, budget, and market considerations.

Full Time Equivalent (FTE) (1.0 = 40 hours/week):



12 Month Recurring

Mandatory Designation - Adverse Weather:

Non Mandatory - Adverse Weather

Mandatory Designation - Emergency Events:

Non Mandatory - Emergency Event

Time Limited Position:


Is this position partially or fully funded on ARRA stimulus monies?:


Department Id:

492001 - Foundations Accounting & Inves


NC State University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, gender identity, age, sexual orientation, genetic information, status as an individual with a disability, or status as a protected veteran.

If you have general questions about the application process, you may contact Human Resources at (919) 515-2135 or [email protected] Individuals with disabilities requiring disability-related accommodations in the application and interview process, please call 919-515-3148.

Final candidates are subject to criminal & sex offender background checks. Some vacancies also require credit or motor vehicle checks. If highest degree is from an institution outside of the U.S., final candidates are required to have their degree equivalency verified at or equivalent service. Degree(s) must be obtained prior to start date in order to meet qualifications and receive credit.

NC State University participates in E-Verify. Federal law requires all employers to verify the identity and employment eligibility of all persons hired to work in the United States.




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Job No:
Posted: 5/1/2021
Application Due: 5/6/2021
Work Type: Full Time